World Surveillance Group Inc (fka WSGI)

[indyjonesohio]

Since it was said publicly, I will repeat it:

The consultants WSGI will be receiving advice and guidance from are a group of experts and investors with a proven track record in restructuring and recapitalizing companies in the small- and mid-cap space. We are honored and excited to begin working with our new investors and advisors and look forward to transitioning the results of our soon to be growing business and the improvements in our balance sheet into a reflection in our share price.

Finally, the shares of DAC received by the Company as purchase price in the sale of LTAS are also now a significant asset of the Company and could become more valuable based on the value of the DAC common stock going forward, which will be partly a result of the success of our LTAS business acquired by DAC.

It strikes me that "honored" is a strange choice of words and, IMO, we should all be keenly interested to see how that word plays out. JMO. And, while LTASCorp is no longer a wholly owned subsidiary, we are mutual and reciprocal owners as I read the letter from Glenn and have ongoing potential to benefit from its success. Things are never as simple as they seem. JMO, IJO